Bank Cards and E-payments.ppt

Bank Cards and E-payments * Agenda Agenda E-Payments Development Drives Growth Explosive growth of e-commerce eCommerce – Few examples Fund Transfers Bill Payments Ticketing Reservation Prepaid card Top-ups Broking Auctions Gaming mCommerce Transaction brokers/ Payment Enablers Act as “mBusiness store front” ( e.g.: mShopping) Role of Infomediaries Proof Of Purchase However.. Agenda Drivers of migrating payments through cards Drivers of migrating payments through cards Innovative Product Proposition Innovative Product Proposition Debit Card Volume and Spends – Asia Pacific Debit Cards Debit Cards Performance @ICICI Bank Emerging Trends in Debit Cards Business Card to Card Money Transfer Cards can provide cost effective channel for remittance Value can be loaded from bank account of sender to card of receiver Improves efficiency and accessibility Card based remittance Visa Money Transfer - Performance SME Business Innovative Product Proposition Innovative Product Proposition Rural and Agricultural Economy Innovative Product Proposition Innovative Product Proposition Government Sector – A big potential Government Sector – A big potential Evolution of Internet Banking ICICIB ICICIB Evolution of Mobile Banking Mobile Top-up Allows card holders to top up mobile airtime using Credit / Debit card Potential applications: Airline and Railway tickets Bill payments mChq The first mobile-to-mobile payment option between customers retailers A mobile will now serve as a Secure Point of Sale (POS) terminal and payment mechanism Simple and fully secure transaction since every transaction is pre-approved by the cardholder and digitally signed for, through a PIN number Visa Wave Visa Chip Card Just 1 account for contact chip, contact less and magnetic stripe technology Launched in Malaysia, Korea, Taiwan For use in supermarkets, convenient stores, mega malls, quick-service restaurants Agenda Benefits Key Focus Areas Key Focus Areas Agenda In Conclusion In Conclusi